According to data from fees.pump.fun, Pump.fun spent 16,813.70 SOL (approximately $1.42 million) yesterday to repurchase 683.9 million PUMP tokens. Since beginning PUMP repurchases on July 15, the cumulative repurchase value has exceeded $300 million, reaching a total repurchase volume of $300,178,162, reducing the total circulating supply by 25.383%.
Pump.fun's total PUMP token buybacks exceed $300 million
TechFlowShare
Summary
Pump.fun announced new token listings as its PUMP token buybacks exceeded $300 million. The platform spent 16,813.70 SOL ($1.42 million) to repurchase 683.9 million tokens on fees.pump.fun. Since July 15, Pump.fun has reduced the circulating supply by 25.383%. The announcement of new token listings underscores ongoing efforts to enhance token value through buybacks.
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.